FxWirePro: The Day Ahead- 5th February 2018

Feb 05, 2018 04:07 am UTC| Commentary Central Banks

Not many of economic data and events scheduled for today, but some with high volatility risks associated. Data released so far: New Zealand: ANZ commodity price index rose 0.7 percent in January. Australia:...

Norwegian economic growth likely to have decelerated slightly in Q4 2017

Feb 02, 2018 21:14 pm UTC| Commentary

Through the initial three quarters of last year. Norways mainland GDP growth has averaged 0.6 percent quarter-on-quarter. The fourth quarter figure is not expected to be any significantly different, noted Nordea Bank in a...

Danish foreign exchange reserves rise in January, DN likely to keep key policy rate on hold

Feb 02, 2018 20:33 pm UTC| Commentary Economy

Danish central bank has published the foreign exchange reserve and central bank balance sheet data for the month of January. The countrys FX reserve rose to DKK 464 billion in January from Decembers revised DKK 462...

University of Michigan consumer confidence rises above expectations in January

Feb 02, 2018 20:32 pm UTC| Commentary

The final estimate of University of Michigan index of consumer confidence was upwardly revised to 95.7 in January. This is above consensus expectations of 95. Revisions were equally divided between the present situation...

U.S. records healthy job gains in January, jobless rate unchanged at 4.1 pct

Feb 02, 2018 19:45 pm UTC| Commentary

Payrolls in the U.S. rose in line with market expectations in January. Nonfarm payrolls were up by 200k. Gains were mainly seen in the private-sector hiring, which recorded a rise of 196k. The jobless rate continued to...

U.S. factory orders grow above expectations in December

Feb 02, 2018 18:35 pm UTC| Commentary

Factory orders in the U.S. rose strongly on a sequential basis in December, coming in slightly above consensus expectations. Orders were up 1.7 percent, as compared with expectations of 1.5 percent. Following the...

Norwegian inflation likely to have risen slightly higher than Norges Bank’s view in January

Feb 02, 2018 17:34 pm UTC| Commentary

Norwegian inflation is expected to have come in a bit higher than the central banks projection. According to a Nordea Bank research report, Norways core inflation is likely to have risen to 1.5 in January percent...